Nathan Coulter-Nile and Mitchell Marsh the new faces for ICC Champions Trophy

DEPOSED Test wicketkeeper Matthew Wade has been overlooked as Australia's one-day vice-captain with Tasmanian George Bailey appointed as Michael Clarke's deputy for the upcoming Champions Trophy.

Bailey's appointment came as Australia's selectors opted against taking the chance to groom a potential Test captain at the 50-over tournament in England.

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With Shane Watson standing down as Clarke's deputy in both forms, chief selector John Inverarity on Wednesday conceded there was a leadership vacuum behind the Test and one-day captain.

Inverarity said there was a great opportunity for rising players to put themselves in position to be a future long-term Test captain down the track, and admitted Wade, 25, had seriously been considered as a potential leader.

But in the end, 30-year-old Bailey's efforts as Twenty20 skipper and stand-in one-day captain last summer had earned him the one-day vice-captaincy in the 15-man squad.

"The (panel) has been impressed with George's leadership when he stepped in to guide the ODI team in Michael's absence last summer, and leadership of the T20 team over the past two seasons," he said.

"Given George's experience and credentials, he was viewed as the ideal person for the role."

There were no major surprises in the Champions Trophy squad, with West Australian paceman Nathan Coulter-Nile the only uncapped player included after injury ruled out Ben Cutting.

Fellow Warriors Mitch Marsh and Adam Voges, plus Ashes inclusion James Faulkner also won their spurs while Steve Smith, Aaron Finch and Moises Henriques were all squeezed out.

Smith and Henriques are in the Australia A squad which will tour the UK at the same time as the Champions Trophy.

"Nathan Coulter-Nile is an emerging cricketer as a fast-medium bowler and explosive lower-order batsman," Inverarity said.

"He is also one of the finest fieldsmen in Australian cricket and the energy he brings to his game is impressive."

Australia has won the previous two Champions Trophy tournaments - in India in 2006 and South Africa in 2009.

The Australians will open their campaign against England at Edgbaston on June 8. Sri Lanka and New Zealand are the other teams rounding out Group A.

Clarke's squad has slipped to third on the ICC rankings, but is just three ratings points behind the top-ranked Indians. Bookmakers have installed the Australians as equal favourites alongside South Africa to raise the trophy.

The Champions Trophy has battled for relevance in an increasingly crowded international calendar and is to be phased out of the ICC's schedule.